Asked Nov 1, 2019

Standsard revenue bonds are:

A.  Backed by the full taxing authority of the municipality.

B. Collateralized by the earnings from the specific project.

C. Bonds backed by Mortgages.

D. Backed by the US Tresury.

E. Allways offered with a best efforts offering.


Expert Answer

Step 1

The correct answer is option (b).

The revenue bond is defined as a use of proceed revenue bond which is the second category of Green Bond. There are ...

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